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PTL vs. CLU.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PTL vs. CLU.NEO

Last updated Jun 5, 2026

PTL (Inspire 500 ETF) and CLU.NEO (iShares US Fundamental Index ETF (CAD-Hedged) Common Class) are both Large Cap Blend Equities funds - PTL tracks the Inspire 500 Index while CLU.NEO tracks the FTSE RAFI US 1000 Canadian Dollar Hedged Index. Both are passively managed. Over the past year, PTL returned 30.21% vs 22.66% for CLU.NEO. A 0.60 correlation means they provide meaningful diversification when combined. PTL charges 0.09%/yr vs 0.72%/yr for CLU.NEO.

Performance

PTL vs. CLU.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 500 ETF (PTL) and iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

PTL is traded in USD, while CLU.NEO is traded in CAD. To make them comparable, the CLU.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PTL achieves a 16.18% return, which is significantly higher than CLU.NEO's 7.39% return.

PTL

1D
-1.46%
1M
2.80%
YTD
16.18%
6M
13.82%
1Y
30.21%
3Y*
—
5Y*
—
10Y*
—

CLU.NEO

1D
-0.52%
1M
-0.45%
YTD
7.39%
6M
11.02%
1Y
22.66%
3Y*
15.64%
5Y*
6.29%
10Y*
10.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PTL vs. CLU.NEO - Yearly Performance Comparison

2026 (YTD)20252024
PTL
Inspire 500 ETF		16.18%17.92%7.90%
CLU.NEO
iShares US Fundamental Index ETF (CAD-Hedged) Common Class		7.39%20.72%0.79%

Correlation

The correlation between PTL and CLU.NEO is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Mar 27, 2024

0.60

The correlation between PTL and CLU.NEO has been stable across timeframes, ranging from 0.56 to 0.60 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Inspire 500 ETF

iShares US Fundamental Index ETF (CAD-Hedged) Common Class

Often compared with PTL:
PTL vs. FDLSPTL vs. SWPPXPTL vs. BLESPTL vs. CNAVPTL vs. FTIFPTL vs. ISMDPTL vs. RISN
Often compared with CLU.NEO:
CLU.NEO vs. FLCCCLU.NEO vs. IUSCLU.NEO vs. RDVYCLU.NEO vs. BCUSCLU.NEO vs. KATCLU.NEO vs. DFNDCLU.NEO vs. FEAC

Return for Risk

PTL vs. CLU.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PTL
PTL Risk / Return Rank: 6868
Overall Rank
PTL Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
PTL Sortino Ratio Rank: 6161
Sortino Ratio Rank
PTL Omega Ratio Rank: 6060
Omega Ratio Rank
PTL Calmar Ratio Rank: 7979
Calmar Ratio Rank
PTL Martin Ratio Rank: 7878
Martin Ratio Rank
CLU.NEO
CLU.NEO Risk / Return Rank: 8181
Overall Rank
CLU.NEO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
CLU.NEO Sortino Ratio Rank: 8585
Sortino Ratio Rank
CLU.NEO Omega Ratio Rank: 8888
Omega Ratio Rank
CLU.NEO Calmar Ratio Rank: 7777
Calmar Ratio Rank
CLU.NEO Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTL vs. CLU.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 500 ETF (PTL) and iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

PTLCLU.NEODifference
Sharpe ratioReturn per unit of total volatility
2.06
2.04

+0.02

Sortino ratioReturn per unit of downside risk
2.82
3.04

-0.21

Omega ratioGain probability vs. loss probability

1.36

1.38

-0.02

Calmar ratioReturn relative to maximum drawdown

4.01

2.67

+1.33

Martin ratioReturn relative to average drawdown

14.92

10.26

+4.66

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTL vs. CLU.NEO - Sharpe Ratio Comparison

The current PTL Sharpe Ratio is 2.06, which is comparable to the CLU.NEO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of PTL and CLU.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PTLCLU.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.06

2.04

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.35

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.48

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.11

0.47

+0.65

Drawdowns

PTL vs. CLU.NEO - Drawdown Comparison

The maximum PTL drawdown since its inception was -19.72%, smaller than the maximum CLU.NEO drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for PTL and CLU.NEO.

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Drawdown Indicators

PTLCLU.NEODifference

Max Drawdown

Largest peak-to-trough decline

-19.72%

-45.80%

+26.08%

Max Drawdown (1Y)

Largest decline over 1 year

-7.57%

-8.87%

+1.30%

Max Drawdown (3Y)

Largest decline over 3 years

—

-18.06%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-27.75%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.80%

—

Current Drawdown

Current decline from peak

-1.58%

-1.31%

-0.27%

Average Drawdown

Average peak-to-trough decline

-2.46%

-8.55%

+6.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

2.31%

-0.28%

Volatility

PTL vs. CLU.NEO - Volatility Comparison

Inspire 500 ETF (PTL) has a higher volatility of 4.37% compared to iShares US Fundamental Index ETF (CAD-Hedged) Common Class (CLU.NEO) at 2.42%. This indicates that PTL's price experiences larger fluctuations and is considered to be riskier than CLU.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PTLCLU.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.37%

2.42%

+1.95%

Volatility (6M)

Calculated over the trailing 6-month period

11.42%

8.33%

+3.09%

Volatility (1Y)

Calculated over the trailing 1-year period

14.73%

11.60%

+3.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.70%

18.03%

-0.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.70%

21.54%

-3.84%

PTL vs. CLU.NEO - Expense Ratio Comparison

PTL has a 0.09% expense ratio, which is lower than CLU.NEO's 0.72% expense ratio.

Dividends

PTL vs. CLU.NEO - Dividend Comparison

PTL's dividend yield for the trailing twelve months is around 1.11%, less than CLU.NEO's 1.20% yield.

PositionTTM20252024202320222021202020192018201720162015
CLU.NEO
iShares US Fundamental Index ETF (CAD-Hedged) Common Class		1.20%1.31%1.32%1.35%1.63%1.19%1.66%1.46%1.77%1.46%1.63%1.87%
PTL
Inspire 500 ETF		1.11%1.24%0.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

PTL and CLU.NEO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, PTL is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PTL is cheaper with a 0.09% expense ratio, compared with 0.72% for CLU.NEO.

PTL tracks Inspire 500 Index, while CLU.NEO tracks FTSE RAFI US 1000 Canadian Dollar Hedged Index. They also come from different issuers: Inspire and iShares. Their fees differ too: 0.09% for PTL and 0.72% for CLU.NEO.

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